Homeowners who hold properties as rental investments or rent them out because a sale isn’t financially viable at this time have concerns that can only be met by a property management firm that understands their needs and commits to a high level of performance in delivering some very detailed services:
- Marketing the rental property.
- Tenant selection services:
- legal and comprehensive tenant application.
- tenant interviews that comply with all state and federal laws.
- thorough background and credit checks, plus calling references.
- Move–in and move–out services:
- walk–through and tenant checklists of property condition.
- rehab of the property between tenants.
- Property condition & maintenance services.
- Rent collection & disbursement:
- timely collection of rents.
- proper application of late rent procedures & penalties.
- eviction processing if necessary.